what time frame chart to use?

L

larrybf

I daytrade the emini futures using 1 min and 3min charts . My problem is that I am often unclear which time frame should be my lead indicator. 80% of my trades last 3 to 15 minutes.Anyone have any advice? Thanks.
 
Top-down is the most logical to determine direction. Daily-60-15- etc. Then I would take signals from the 1 min chart,3 ,5 etc
 
"Top-down is the most logical to determine direction. Daily-60-15- etc. Then I would take signals from the 1 min chart,3 ,5 etc"

Personally, if you are trading real short term (ie 5-15 minutes), daily and hourly trends seem to be meaningless. The market can be so choppy that I find these longer term time frames are just not robust enough.
 
The longer the timeframe the more reliable the pattern/trend,

the shorter the timeframe the more it will lead the others.

What you choose as your timeframe is up to you
rtharp
 
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